8.3/10
(32 qualified reviews)
US Traders
  • Bonus offers
  • Trading contests
  • PAMM accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available
  • Company FXOpen AU Pty Ltd, FXOpen UK
  • Founded in 2003
  • Online since 2005
  • Offices in
    • Australia
    • Russian Federation
    • Saint Kitts and Nevis
    • United Kingdom
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4 (Limited with 30 days of inactivity)
  • Account currencies
    Show account currencies Hide account currencies
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • ASIC, 412871
    • FCA (UK), 579202
  • Website available in
    • Arabic
    • Chinese
    • English
    • Indonesian
    • Russian
  • Support available in
    Show support languages Hide support languages
  • Support methods
    • Callback
    • Email
    • Forum
    • Live chat
    • Skype
  • Trading server time zone GMT+2
  • VPS for traders Free after trading 5 lots.
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.001 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 0
  • Scalping Forbidden
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 20%
  • Stop-out level 10%
  • Number of currency pairs 28
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
    • CFD1:500
    • Oil1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $200
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 0
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 50
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1,000
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $200
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0.1
  • Commission (one-way) per 1 std. lot $5
  • Scalping Encouraged
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs (of which exotic) 50 (15)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1,000
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $2.50
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $25,000
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $1.80
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Cryptocurrencies1:13
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 30%
  • Stop-out level 15%
  • Number of currency pairs 11
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $300
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $1.50
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
    • CFD1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $300
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 50
  • Special notes Leverage size depends on the balance:
    - 1:1 — 1:500 for accounts up to 25,000 USD
    - 1:1 — 1:200 for accounts from USD 25,000 up to USD 100 000
    - 1:1 — 1:100 for accounts from USD 100,000 up to USD 1,000,000
    - Negotiable for accounts over 1,000,000
View contract specifications

Reviews

214 reviews of FXOpen are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, FXOpen Australia.

@Romguard

AML checking is a normal part of operating a lawful business to ensure the money doesn't come from a source involved in crime.

If you contact finance@fxopen.com and request your withdrawal again I'm told the AML check has been completed and you may have your money back.

, italy.

added funds by wire, so i read bad posts about this site, so i changed idea and wanted to withdraw funds.. so they tell me now that the wire was not on my name and that they will not send me money back until i prove it was on my name.. so the question is: WHY DID THEY ADD FUNDS IN THE FIRST PLACE IF IT WAS NOT ON MY NAME??? will update in the next days how its going forward

, Canada.

for the moment everything works fine with this broker.

Execution speed is great, spread is really low (ECN account)

No requotes.

I'm satisfied with this broker.

But do not use it with a Zulutrade account, the commission is terrible! and nobody at FXopen or Zulutrade was able to explain it correctly. So I stop this account.

I'm using MDP and this EA works fine with this broker.

, Malaysia.

this is the best broker ever. with stable mt4 server and without delay, i can make a consistent profit compared to other brokers. they are honest and serious in doing business.

, FXOpen.

FXOpen was just named Best Forex Broker Australasia 2011 in the World Finance Foreign Exchange Awards. When the evidence is seen with your own eyes, FXOpen is the only real choice for serious traders.

, Nigeria.

If you know you want to loose all your money then use fxopen. it is the worst broker ever. it requote often and do not allow you to close your trade when in profits. there just stolen by 150 dollars as you are reading this. if you have account with them better close and run with your money or u will be next.....

, Malaysia.

Yup... Got my money back.

Well, at least it shows that they keeps their words and are not there to rip us off of our gains.

They never reply my email to explain the spike though.

, Malaysia.

FXopen has spike in some of the NZD related pairs today (18th April), which is not seen in other brokers.

They asked me to send an email to the chief dealer to ask for compensation if the spike does caused a loss to my trading.

Well, just send an email to them. Now waiting for their reply.

Will update u guys on the results!!

, UAE.

I met Mr Denis and Mr Jafar at forex expo in Dubai. They give me the impression that the company is well regulated and has a good platform for trading. I will try them on the ECN platform with a small account to see if I have foudn a new broker.

, FXOpen - Malaysia.

To those who cannot access the main page at fxopen.com, we have been under a major DDOS attack for almost a week. You may access normal website and cabinet functions via a partner site such as fxfrench.com or fxopenasia.com. fxopen.com main page and cabinet are the only parts of our site affected. MT4 servers are not affected at all by the attack.

, nigeria.

Website not comingup again a great scam cannt withdraw my money in there

, Malaysia.

HELLO FXOPEN !!!!,

the cabinet.fxopen.com & home page DOWN for 2 days ???

This is ridiculous & shame of the broker ??

KEEP ON DOWN DOWN !!!! Most alikely their IT folks are sleeping & the mgmt never diligently keep track on server downtime & penalize their IT folks for lagging in recovering these outage.

No daily confirmation email this week had been sent, not sure what's the fraud the company going to play..

, s.KOREA.

cannot frequently access homepage...

, indonesia.

FXOPEN BIG LIAR SCAM BROKER,...RECENTLY THEY STOLEN MY$300 DEPOSIT+/-$700 PROFITS

THEY ALWAYS FREEZE THEIR SERVER AND MANIPULATE DATA HISTORY.BEWARE OFF THEM.

, FXOpen - Malaysia.

Hi again Deb. I look forward to seeing your issue on a public forum soon.

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